US EditionScholz promises help for steel industy, urges EU action
49 Articles
49 Articles
DECRYPTION - The steel industry has just suddenly plunged into the crisis on the Old Continent. The cause is the uncontrolled imports of steel at low prices from China.
Thyssenkrupp Steel: The next battleground to save German industrial jobs
“It breaks my heart! You can’t treat people this way. We’ve worked so hard for Thyssenkrupp,” said Helmut Renk, the 62-year-old works council chairman of the steelmaker’s facility in Kreuztal-Eichen, Germany. Venting his anger and frustration about the plant’s likely closure, he adds that he’s been working there for 40 years — just like his father before and his son now. Renk’s hard feelings are currently shared by many employees of the German …
In Gerlafingen, people are eagerly awaiting the decision from Bern. The survival of their own steel industry is at stake.
The European steel sector ‘has never faced such a big challenge’. The financial problems are thwarting the expensive sustainability plans of many concerns.
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